Susan Stibbe Sales Representative

I think this is great news for Canada...thoughts?

“Evidence of a large foreign presence is abundant,” the economists wrote. “For resale house prices fell by 19% mom in Vancouver in August, the first month of a new foreign real estate transaction tax.”

Federal government closing tax loophole used by foreign home buyers Finance Minister Bill Morneau will unveil today new measures to tackle speculation in Canada's housing market by foreign buyers, government source tells the Financial Post